Page 118 - Electric Vehicles

Q2 results: Hero MotoCorp net profit falls 9% YoY to Rs 682 crore

Hero MotoCorp's consolidated net profit fell by 8.63 per cent YoY to Rs 682.28 crore in the second quarter of FY23 amid weakening rural demand

Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke

Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric

Europe leans on Asian firms for 'homegrown' electric vehicle batteries

French battery startup Verkor, for example, announced on Wednesday that it had raised 250 million euros ($249 million) to fund a megafactory

EV start-up MoEVing raises $2.5 mn from JSW Ventures for e-mobility biz

Funding will also support firm's expansion across multiple cities in India and team building across functions; current round brings MoEVing's total funding to $10 million

Switch Mobility aims to be in EV markets around the globe: CEO

Markets will come back after geopolitical turbulence and each company will have to make its own strategy, says Mahesh Babu

Tata Power and Indian Army to set up EV charging points in Delhi Cantt

Charging points for electric vehicles were inaugurated at Delhi Cantonment by Lt General Dhiraj Seth, general officer commanding of the area, on Wednesday. Power discom Tata Power Delhi Distribution Limited (TPDDL) has collaborated with the Indian Army for installing 17 fast charging points for EVs at Delhi Cantt. All the chargers are operational now, said a TPDDL statement. The chargers will be used for charging personal and official electrical vehicles of the Indian Army and the employees working in the Delhi Cantonment area. This is a unique initial step by Indian Army and TPDDL towards implementation of Government of India's National electric Mobility Mission Plan (NEMMP) and Indian Army's go green initiative, Lt Gen Seth said. He urged everyone to contribute towards the eco-friendly initiatives to maintain an emission free environment, a bounden duty mankind has towards future generations. The TPDDL is pleased to work with the Indian Army to set up convenient fast charging

BEL's sales trajectory will sustain on multiple growth opportunities

Investors may consider buying the stock on dips, say experts

JLR partners with Wolfspeed for silicon carbide semiconductors supply

Jaguar Land Rover on Tuesday announced a strategic partnership with Wolfspeed Inc for supply of silicon carbide semiconductors for next generation electric vehicles. Under the partnership, Jaguar Land Rover will use Wolfspeed's advanced silicon carbide technology specifically in the vehicles' inverter, managing transfer of power from battery to electric motors, the company said in a statement. "The first Range Rover vehicles with this advanced technology will be available from 2024, and the new all-electric Jaguar brand the following year," the Tata Motors-owned firm added. JLR will participate in the 'Wolfspeed assurance of supply program' to secure the supply of this technology for future electric vehicle production needs in order to enable greater visibility and control over JLR's future supply chain. Wolfspeed has an existing relationship with Jaguar TCS Racing team which competes in the Formula E World Championship. Its silicon carbide technology has been used to accelerate ..

Registration of electric passenger, motor vehicles doubles this year

Driving growth is Tata Motors, with 25,795 registrations, against 10,200 last year

Zooming ahead: 68,324 two-wheeler EVs sold in Oct, highest in 2022

ICE two-wheeler registrations have grown even faster than electric vehicles month-on-month following a definite slowing down in the last few months

China's Evergrande group starts delivering its first electric vehicles

China Evergrande New Energy Vehicle Group Ltd has started deliveries of its Hengchi 5 electric vehicle, with the first 100 customers getting their cars on Saturday

Delhi, Thiruvananthapuram airports switch to EVs to reduce emissions

Civil aviation minister Jyotiraditya Scindia had in September said that over 90 per cent airports in the country achieve carbon neutral status by 2024.

Delhi airport deploys 57 EVs as part of Green Transportation Program

With this, the Delhi Airport has become the first in the country to deploy EVs

LG Energy Solution swings to profit in Q3 on strong EV battery demand

LG Energy Solution Ltd said it shifted to the black in the third quarter from a year earlier on the back of robust demand in electric vehicle (EV) batteries and a weaker Korean won currency

EU, US set up task force to resolve feud over electric vehicle batteries

The U.S. and the European Union have set up a task force tasked with resolving a dispute over electric vehicle batteries that the EU says would discriminate against manufacturers in the 27-nation bloc and break World Trade Organization rules. Under the Inflation Reduction Act (IRA) passed by U.S. Congress in August, electric car buyers are eligible for a tax credit of up to $7,500 as long as the vehicle runs on a battery built in North America with minerals mined or recycled on the continent. The EU believes that the measure is a potential trans-Atlantic trade barrier discriminating against foreign producers. The EU announced on Wednesday that Bjoern Seibert, the head of cabinet to European Commission President Ursula von der Leyen met in Berlin with U.S. Deputy National Security Advisor Mike Pyle to launch the task force. A first meeting will take place next week. The Task Force will address specific concerns raised by the EU related to the IRA," the Commission said. Both sides ..

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production, according to the analysis

Hyundai breaks ground on $5.5 billion electric car plant in Georgia

A robotic dog delivered a champagne toast and Georgia's governor and junior US senator shared a brief bipartisan celebration ahead of high-stakes elections as Hyundai Motor Group broke ground Tuesday on its first US plant dedicated to making electric vehicles. Just five months after Hyundai announced the USD 5.5 billion manufacturing plant in Bryan County west of Savannah, vast areas of the site have already been cleared of trees. Euisun Chung, executive chairman of Hyundai Motor Group, said the plant will be the envy of the industry. The South Korean company plans to open the factory in 2025, with at least 8,100 employees producing up to 300,000 electric vehicles per year. Georgia officials say it's the largest economic development project the state has ever seen. This is transformational for the region, not just for people's children now, but for their grandchildren," Gov. Brian Kemp said. This is going to be a project that will resonate for generations to come. The timing could

Ultraviolette open bookings for F77 e-bike from today; check details

alking about its Ultraviolette F77, the company said that the entire chassis of the bike has been redesigned to include the new battery pack, which is now fixed and heavier than before

Guangdong: The Chinese province with more EV chargers than all of the US

The coastal region, which borders Hong Kong, has built hundreds of thousands of public charging points - the EV equivalent of gas pumps - over the past few years

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

The world's top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of EVs, along with the batteries and raw materials to support that production